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Industrial Goods;Mergers & Acquisitions

Graco expands industrial dispensing portfolio with $447 million cash acquisition of Valco Melton

Graco Inc. has signed a definitive agreement to purchase adhesive application and quality monitoring specialist Valco Melton for $447 million in cash. The transaction strengthens Graco's position in the industrial packaging and precision manufacturing supply chains.

United States | 2 weeks ago

Mergers & Acquisitions

Taiwanese conglomerate TECO acquires major stake in Dynaciate to anchor regional AIDC supply chain

TECO Electric & Machinery Co., Ltd. has completed a $50.8 million acquisition of a 78% stake in Malaysia's Dynaciate Engineering. The strategic transaction shifts the company's manufacturing footprint to Johor Bahru, accelerating artificial intelligence data center deployment and modular industrial engineering across Southeast Asia.

2 weeks ago • Malaysia

Industrial Goods

NSIC to establish 460 million INR technology center to modernize Bengaluru MSME manufacturing

Union MSME Minister Jitan Ram Manjhi has initiated the construction of a new 460 million INR Technology-cum-Common Facility Centre in Bengaluru’s Peenya Industrial Area. The facility aims to provide small businesses with access to Industry 4.0 solutions, drone technology, and advanced material testing to enhance global competitiveness.

2 weeks ago • India

Industrial Goods

Azad Engineering expands Mitsubishi partnership with single-source hot-section component contract

Azad Engineering has entered an eight-year long-term agreement with Mitsubishi Heavy Industries to supply hot-section nozzle vane segments for gas turbines. The single-source contract represents a strategic expansion from compressor components into higher-value combustion-section manufacturing for global power generation markets.

2 weeks ago • India

Oil & Gas

Handal Energy and BumiRaya Petroleum form strategic SPV to consolidate regional offshore lifting market

Handal Energy Berhad has entered a 60:40 joint venture with BumiRaya Petroleum to establish a dedicated entity for offshore crane services. The partnership leverages Handal’s manufacturing infrastructure and BumiRaya’s regulatory certifications to capture growing demand for specialized lifting and maintenance solutions within the regional energy sector.

2 weeks ago • Malaysia

Mergers & Acquisitions

Ondas INC. acquires INDO Earth Moving Ltd. following $140 million military contract win

Ondas Inc. has finalized the acquisition of INDO Earth Moving Ltd., a specialist in military heavy engineering equipment. The move follows INDO's securement of a $140 million prime contract for tracked engineering platforms. Ondas intends to leverage the acquisition to deploy autonomous and remote-operation technologies across heavy-duty defense and infrastructure machinery.

2 weeks ago • United States

Airports & Aviation

Woodward expands aerospace control capabilities through acquisition of VRM to target next-generation aircraft programs

Woodward, Inc. has reached an agreement to acquire Florida-based Valve Research & Manufacturing Company (VRM), a specialist in high-precision aerospace flow control valves. The transaction, expected to close in early 2026, aims to bolster Woodward's electromagnetic valve offerings and strengthen its positioning for upcoming commercial and defense aircraft platforms, including next-generation single-aisle programs.

2 weeks ago • United States

Latest News

Defence | 17 hours ago

RTX scales missile defense manufacturing capacity in Rhode Island to meet surging global demand

RTX is injecting $100 million into its Rhode Island operations to scale production of Patriot missile components and accelerate testing for the Lower Tier Air and Missile Defense Sensor. This strategic expansion aims to fulfill escalating international defense contracts and counter advanced aerial threats.

Infrastructure | 3 days ago

Centre approves ₹16.63 billion infrastructure upgrade for Kerala NH project

The Indian government has granted administrative and technical clearance for the initial phase of the Kollam-Theni National Highway expansion. Valued at ₹16.63 billion, the 24-month project will widen a crucial 54.37-kilometer corridor to four lanes using the Engineering, Procurement, and Construction framework.

Agriculture & Food | 17 hours ago

European Commission authorizes Spain to deploy €25 million fisheries fuel subsidy amid Middle East supply shocks

The European Commission has approved a €25 million Spanish state aid program to subsidize diesel costs for the commercial fishing sector. Running until late 2026, the initiative aims to stabilize primary seafood production margins against elevated energy expenses driven by geopolitical disruptions in the Middle East.

Business & Corporate | 17 hours ago

Healthcare Holding Schweiz AG broadens European medical footprint with acquisition of Compet Medical AG

Healthcare Holding Schweiz AG has finalized the acquisition of Schindellegi-based Compet Medical AG, an established distributor of harm reduction and low-threshold clinical supplies. The transaction expands the purchasing entity's logistics network across Switzerland, Germany, and Austria.